Answer:
Traditional volume-based job costing will not usually provide the needed cost accuracy.
Explanation:
Cost leadership strategy basically means that the company will try to sell its products and services at the lowest possible price. This should increase total sales volume, but in order to be profitable, the production and operational costs must be very low. Actually, the company needs to continuously find ways to keep their costs under control or decrease them if possible.
Answer: purchase of a value-creating activity from an external supplier.
Explanation:
Outsourcing refers to the business practice whereby a company hires the service of another party for the creation of goods and the rendering of services which were done traditionally by the employees of the company.
Outsourcing is the purchase of a value-creating activity from an external supplier. It's usually done by.conoanues in order to reduce cost or focus on more important parts of producttion.
Answer:
d) 57.5% men, 82.5% women, 70% total customers
Explanation:
To find out the percentage of men who rated the service as excellent, just divide the number of men who rated the service as excellent (115) by the total number of men (200) and multiply the result by 100.
(115/200) * 100 = 57.5%. Therefore, 57.5% of men rated the service as excellent.
Similarly, to find out the percentage of women who rated the service as excellent, just divide the number of women who rated the service as excellent (165) by the total number of men (200) and multiply the result by 100.
(165/200) * 100 = 82.5%. Therefore, 82.5% of men rated the service as excellent.
Finally, to find the total of people who rated the service as excellent, you must add the number of men and women who rated the service as excellent (115 + 165) and divide by the total number of man and women (400) and multiply by 100.
115+ 165 = 280
(280/400) * 100 = 70%
Therefore, 70% of people rated the service as excellent.
<span>Price fixing</span>
This is a practice whereby rival companies or participants
in a similar market reach an illicit
agreement not to sell goods or services below a certain price or maintain the
market conditions such that the price is fixed at a certain point.